Math, asked by khwaish92, 11 months ago

Find the rate of interest if a sum of money gets doubled in 16 years.

Answers

Answered by vikasverma123

2

Answer:

Let sum p =x

in 16 yrs A=2x

interest i=x

r=(i×100)/pt=(x×100)/x×16=6.25

r=6.25%

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